Michael Essien's net worth: How wealthy is the Ghanaian former footballer

Michael Essien's net worth: How wealthy is the Ghanaian former footballer

If you are an avid soccer fan, you must be familiar with Michael Essien, a Ghanaian former footballer. He played as a midfielder for various notable clubs throughout his career, including Lyon, Chelsea, Real Madrid and AC Milan. His successful career has generated interest in his earnings. So, what is Michael Essien's net worth?

Michael Essien poses in the Ghana national team jersey (L) and at The Best FIFA Football Awards (R).
Michael Essien during the FIFA World Cup 2014 (L) and as a FIFA Legend at The Best FIFA Football Awards 2019 (R). Photo: Alex Livesey, Michael Regan (modified by author)
Source: Getty Images

TABLE OF CONTENTS

Michael Essien has made a name for himself, one of the biggest football names to come from Ghana. He had a successful professional football career spanning 20 years, mainly in Europe, with stints in Indonesia and Azerbaijan. Michael Essien's net worth reflects his sports success through earnings and endorsements.

Michael Essien's profile summary

Full nameMichael Kojo Essien
NicknameThe Bison
GenderMale
Date of birth3 December 1982
Age41 years old (as of September 2024)
Zodiac signSagittarius
Place of birthAccra, Ghana
Current residenceCopenhagen, Denmark
NationalityGhanaian/French
EthnicityBlack
SexualityStraight
Height in feet5'10"
Height in centimetres178
Weight in pounds187
Weight in kilograms85
Hair colourBlack
Eye colourDark brown
MotherAba Gyandoh
FatherJames Essien
SiblingsFive
Marital statusMarried
WifeAkosua Puni Essien
ChildrenThree
SchoolSt Augustine's Senior Secondary School
ProfessionFootball assistant manager, former professional footballer
Net worth$32 million–$35 million
Instagram@michaelessien
X (Twitter)@MichaelEssien
Facebook@Michael Essien

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What is Michael Essien's net worth?

According to Medium, The Sun and Ace Football, Michael Essien has an alleged net worth of between $32 million and $35 million. He has made money through a successful football career playing for top clubs, lucrative endorsement deals and business ventures.

Here is a detailed breakdown of Michael Essien's net worth.

Football career earnings

Fast facts about Michael Essien.
Top-5 facts about Michael Essien. Photo: Helios de la Rubia/Getty Images (modified by author)
Source: Original

Essien has had a successful football career spanning 20 years, and he has played for top football clubs such as Chelsea, Real Madrid, and AC Milan. His career has seen him earn significant wages and bonuses.

Bastia (2000–2003)

According to Transfer Markt, Essien began his professional football career in July/August 2000 when he joined Division 1 French league team Bastia from Liberty Professionals Accra. He stayed at the club for three years.

Lyon (2003–2005)

In July 2003, he joined Olympique Lyon for €11.70 million (transfer fee). Essien stayed at the club for two seasons, winning the Ligue 1 and The Trophée des Champions twice.

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Chelsea (2005–2014)

In August 2005, he joined Chelsea for €38.00 million. During his eight seasons in Chelsea, Essien won the Premier League twice, the FA Cup four times, the Football League Cup, the FA Community Shield and the UEFA Champions League.

Real Madrid (loan), AC Milan and Panathinaikos (2012–2016)

In June 2013, Michael joined Real Madrid on a season-long loan. Chelsea sold him to AC Milan on a one-and-a-half-year contract the following season on 27 January 2014. On 2 June 2015, Essien signed a two-year €1.6 million contract with Greek club Panathinaikos.

Persib Bandung (2017–2018)

On 13 March 2017, Essien joined the Indonesian club side Persib Bandung, signing a one-year contract with an option to extend for an additional year. The club released him on 17 March 2018. In July 2018, Essien announced his retirement from international football.

Sabail FK (2019–2020)

On 16 March 2019, he signed a one-and-a-half-year contract with Sabail FK of the Azerbaijan Premier League. In 2020, Essien retired from playing club football.

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Coaching career

Michael Essien is an assistant soccer coach for the Danish club Nordsjælland, providing him with a steady income stream. As part of his coaching education, he started training and gaining experience with the Superliga and academy teams in August 2020.

On 9 September 2020, the club confirmed that Michael had joined their coaching staff as an assistant for the 2020/2021 season. The club announced in a statement,

He has agreed to be part of the club's management staff for the season to come, with the title of player-coach, under the guidance of head coach Flemming Pedersen.

Sponsorship and endorsement deals

Michael has had several notable endorsement deals throughout his career. In 2007, the star and his former Black Stars teammate Stephen Appiah signed lucrative deals to promote various MTN Group brands.

In 2009, Michael landed another mega MTN deal where he became the official MTN 2010 World Cup Associate. The telecommunications giants had spent $65 million sponsoring the tournament, meaning that Essien earned considerably from the deal.

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In 2017, Michael signed a $500,000 endorsement deal with Adidas, becoming the face of the brand in Indonesia.

Television earnings

Essien has been featured in numerous interviews with sports networks like ESPN, Sky Sports, and BBC Sport. He also worked as a TV pundit in Indonesia and Saudi Arabia, providing expert commentary on matches and tournaments.

Investments and assets

Michael Essien has invested in several sectors, including real estate, and has assets like high-end performance vehicles. In June 2024, reports emerged that a Ghanaian court had ordered the sale of Michael Essien's houses in East Legon and Trassaco.

Many speculated that the star had gone broke, but later, it emerged that Essien's house sale was related to mortgage issues rather than financial troubles.

Michael Essien's cars

Among Michael Essien's assets are his luxury cars. His car collection reportedly includes an Audi Q7, an Aston Martin, a Milan Car, a Porsche Cayenne, a Mercedes Benz, and a Range Rover Vogue.

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Who is the richest African footballer of all time?

According to Celebrity Net Worth, Vanguard and Alux, Samuel Eto'o is the wealthiest African footballer ever, with an alleged net worth of between $95 million and $108 million in 2024. Second is Mohamed Salah and Didier Drogba, with alleged net worths of $90 million; third is Yaya Toure at $70 million.

FAQs

  1. What is Michael Essien's net worth? The Ghanaian football star has an alleged net worth of between $32 million and $35 million.
  2. What happened to Michael Essien? After retiring from professional football, Michael Essien transitioned into coaching and is an assistant coach for the Danish club Nordsjælland.
  3. Where is Michael Essien originally from? The star is originally from Accra, Ghana, where he was born and raised.
  4. Who is Michael Essien's wife? The former footballer is married to Akosua Puni, a Ghanaian entrepreneur and businesswoman.
  5. How did Michael Essien earn his net worth? He earned his fortune through his successful football career, playing for top clubs such as Chelsea, Real Madrid, and AC Milan and through endorsements and business ventures.
  6. How many trophies did Essien win? The former footballer has won twelve trophies in his career.
  7. Has Essien won a Ballon d'Or? No, he hasn't. The only African footballer to have won the Ballon d'Or is George Weah.

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Michael Essien's net worth has increased over the years thanks to his successful soccer career. He has played for many European football clubs, including Lyon, Chelsea, Real Madrid and AC Milan. Though he is now retired from playing, Essien is the assistant manager for the Danish Superliga club Nordsjælland's coaching staff.

Yen.com.gh published information about Jynxzi's net worth. Jynxzi is a famous American professional gamer, Twitch streamer, and YouTuber. He is best known for playing and streaming games like Rainbow Six Siege, Fortnite, and GTA5.

Jynxzi has made a name for himself as one of the top streamers and content creators from the United States. His success has generated interest from the public, who want to know more about his earnings. So, how wealthy is Jynxzi? Find out.

Source: YEN.com.gh

Authors:
Chris Ndetei avatar

Chris Ndetei (Lifestyle writer) Christopher Ndetei is a junior reporter writer who joined the Yen team in May 2021. He graduated from the Machakos Technical College in 2009 with a diploma in ICT. Chris has over two years of experience in content creation and more than ten working in the hospitality industry. He covers lifestyle/entertainment, focusing on biographies, life hacks, gaming and guides. In 2023, Christopher finished the AFP course on Digital Investigation Techniques. You can reach him at chrisndetei@gmail.com